Mongolia Brief October 14, 2014 Part II
Mongolia
won 6 medals at the Junior and Youth Sambo World Championship
October 14
(news.mn) Mongolia grabbed six medals at the 2014 Junior and Youth Sambo World
Championship that was held in Seoul, South Korea.
Mongolian
wrestler Munkhbat in men`s junior 48 kg event and Sumiyabazar in men`s 60 kg
event both won bronze medals.
Bavuubaatar in
men`s youth 62 kg event Selengesaikhan in women`s 56 kg event won bronze medals
too and Adiltsetseg in women`s 68 kg event won silver at the 2014 Junior and
Youth Sambo World Championship.
Recruitment
of new soldiers to army begins Friday
October 14
(news.mn) Welcoming home veterans who have served in the army will be held on
October 15th in accordance with the city governor`s resolution to conduct
demobilization and recruitment.
Recruiting new
soldiers and contract servicemen to the army will be organized between October
17-19th of 2014.
The
registration will be held on October 17- 19th for men who are fitted for
military service between the ages of 18 and 35.
The recruiting
will be held at the following secondary schools:
Bayangol
district – 96th secondary school
Bayanzurkh
district – 53rd secondary school
Sukhbaatar
district – 31st secondary school
Songinokhairkhan
district – 83rd secondary school
Khan-Uul
district – 34th secondary school
Chingeltei
district – 24th secondary school
Nalaikh
district – Local occupational training center
Bagakhangai
district – Cultural palace
Baganuur
district -will be organized during the next registration period
Mongolia
welcomes its three millionth person
October 14
(news.mn) Mongolia, the country with the lowest population density, welcomed
the first millionth citizen back in 1962.
The two
millionth citizen of Mongolia was recognized in July of 1988.
According to a
study done by the National Statistical Committee Mongolia, the 3 millionth
citizen has been welcomed in the first quarter of 2015, a whole 27 years later
than the second millionth citizen.
Surveys show
Mongolia`s population growth rate has been an estimated 1.8-2.0 percent in the
past five years.
Ulaanbaatar
to Celebrate 375th Anniversary with Grand Parade on October 29, 2014
October 14 (infomongolia.com)
Celebrating the 375th anniversary of the Capital City, the Ulaanbaatar
Administration for the first time to host a parade named after the Mayor of UB
at Chinggis Square on Wednesday, October 29, 2014.
At this parade
about 8,000 participants from over 30 organizations including governmental,
NGOs and universities are registered to attend and during the event, many activities
will be organized such as food taste, city big sale, art and cultural
performances.
Also, as part
of collaborations, Tengis and Urgoo cinemas will feature all movies at 50% of
discounts on this day and the city museums will be opened with free entrances
including Mongolian National Museum, Choijin Lama Temple Museum, Winter Palace
of the Bogd Khaan, Zanabazar Museum of Fine Arts, Mongolian National Modern Art
Gallery, Mongolian Theatre Museum and UB Museum.
Moreover, the
city public transportation will also serve at half-price ticket.
Related:
City mayors parade and show
– news.mn, October 14
Macroeconomic
indicators as of September
October 14
(Mongolian Economy) In September 2014, the national consumer price index rose
0.7 percent from the previous month, totaling a 13 percent increase from 2013.
This percentage increase is largely due to higher prices for a household’s
purchased goods and services, such as water, electricity and fuel, and other
miscellaneous products.
According to a
report from the Bank of Mongolia, money supply reached MNT 10.1 trillion,
representing a 0.6 percent decrease from the previous month. Circulated
currency reached lower levels, totaling MNT 827.3 billion, a 6 percent decrease
from August 2014. Loans outstanding amounted to MNT 12.6 trillion, which is a
2.2 percent increase from the previous month, totaling a 24.2 percent increase
from the same period in 2013.
Principal
arrears amounted to MNT 464.6 billion, equivalent to an 11.9 percent decrease
from August 2014. Nonperforming loans reached MNT 590.4 billion, decreasing 4.6
percent from the previous month.
For the state
budget, revenue increased as equilibrated revenue and grants of the General
Government Budget totaled MNT 4,311.7 billion. Total expenditure and net
lending of the budget came out to 4,504.2 billion tugrug. This represents a
deficit of MNT 192.5 billion. As subsidies and transfers rise along with
the expenditures on goods and services, the total expenditure and net lending
will continue to grow.
The external
trade balance presents a similar story. In the first 9 months of 2013, there
was a deficit of 1.7 billion USD. However, within the first 9 months of this
year, deficits fell down to 24.9 million USD, a 1,703.2 million USD decrease
from the same period in 2013.
Inner
Mongolian Khyangan Aimag to Promote Its Businesses in Ulaanbaatar
October 14
(infomongolia.com) A large delegation of public and business representatives
from Khyangan Aimag (Hinggan or Xingan league) of Inner Mongolia, China is to
arrive in Ulaanbaatar on October 24, 2014.
The visit is aimed
to promote its businesses and broaden cooperation with Mongolian counterparts,
which is organized for the first-time by the Aimag Administration.
In the frames
of measures, an exhibition and fair trade will be hosted at Misheel Expo Center
in Ulaanbaatar on October 24-27, besides, Khyangan Aimag Trade and Economy
Forum is scheduled to organize at Tuushin Hotel on October 25, 2014.
During the
Forum, one-to-one meetings between entrepreneurs will be provided and
businesses interested to invest into Mongolia will be represented in the
following categories:
- Joint
collaboration investing in the construction sector
- Cooperation
in agriculture (crop husbandry, greenhouse farming, vegetables, sunflower and
joint projects on vegetables)
- Cooperation
in the mining sector
- Meat
purchasing
- Chicken and
egg imports
- Establishing
Mongolian pharmaceutical manufactory
- Others
Trade
Fair between Bordering Administrations of Russia and Mongolia to Be Organized in
Uvs Aimag
October 14
(infomongolia.com) On October 15-18, 2014, the Davst Sum Administration of Uvs
Aimag in collaboration with Tyva Republic (Tuva), Russia are to organize a
border trade fair at Borshoo Trade Center in Khandgait Bag of Davst Sum, where
business representatives from both sides are to exhibit their products and
goods.
The event was
agreed to host every two years simultaneously on each territory during the
signing ceremony of Protocol inked by Uvs Aimag Governor D.Tsendsuren and
Chairman of Tyva Republic Sholban Kara-ool.
The Protocol on
cooperation between the two administrative bodies was signed in Mongolia on
September 04, 2014 and in the scope of the document, parties aim to broaden
cooperation in trade and economy, science and technology, as well as to develop
partnership at border and in cultural spheres.
President
of Mongolia Handed "Formula of Power", Russian Film Dedicated to Him
October 14 (infomongolia.com)
On October 13, 2014, the President of Mongolia Ts.Elbegdorj left the country to
attend the 10th ASEM Summit in Milan, Italy and during a short stay in Moscow
before to head for Europe, President Ts.Elbegdorj visited the site of ITAR TASS,
Russian News Agency, where he held a meeting with members of the Club of Chief
Editors of the Russian Mass Media.
During the
meeting with Russian Chief Editors, President Ts.Elbegdorj stressed the
importance of the September visit of Russian President Vladimir Putin to
Mongolia and shared on perspectives of the development of cooperation between
Russia, Mongolia and China.
After which,
President Ts.Elbegdorj, the honored guest of the Club was handed a film
dedicated to him as part of the series of "Formula of Power", a TV
series that profiles world leaders, hosts by ITAR-TASS First Deputy Director
General Mikhail Gusman.
Moreover, Mr.
Gusman had a chance to hold an exclusive interview with President Ts.Elbegdorj.
This is the second interview with Mongolian President and the first interview
was made when Mikhail Gusman visited Ulaanbaatar as one of the President’s
Guests to witness the 2014 National Naadam Festival and timely before the
Russian President V.Putin’s working visit to Mongolia paid last September.
In the latter
exclusive interview with Mikhail Gusman, President Ts.Elbegdorj said, “We want
to keep developing partnership with Russia and as of fact, when we ask our
people which country they want to have closer relations with, statistics show
60% prefer Russia and 15-20% choose China. The rest of the world is our third
neighbor. Of course, we want to have good relations with all other countries.
It’s good for our neighbors too, because there appear more opportunities for
investment”.
In addition,
President Ts.Elbegdorj noted, “When someone somewhere asks whether an American
military base may appear on Mongolian territory, I can say, it will never
happen, because Mongolia’s Constitution bans deployment of foreign military
bases on the country’s territory”.
Foreign
Minister L.Bold Meets U.S. Senior Military Leaders Visiting Mongolia
October 14
(infomongolia.com) On October 14, 2014, Minister for Foreign Affairs of
Mongolia L.Bold received in his office the U.S. senior military leaders
visiting Mongolia under the Capstone Military Leadership Program.
During the
meeting, Minister L.Bold informed the foreign policy of Mongolia and the
current state of the Mongolia-U.S. relations and cooperation and touched upon
some issues concerning bilateral cooperation in the defense field.
Also,
presenting Mongolia’s position towards international and Northeast Asian
regional issues, Minister L.Bold answered the questions of the Capstone
fellows, who visited Mongolia several times under this Program.
CAPSTONE is a
joint service professional military education courses for newly promoted
brigadier generals and rear admirals serving in the United States military. The
National Defense University conducts the CAPSTONE course with objective to
ensure senior military leaders understand how military forces and other
elements of national power are integrated and used to support national military
strategies, and how joint, interagency, and multinational operations support
strategic national objectives.
Related:
FM
Meets Senior Officials of US Defense – Montsame,
October 14
State
Bank to Issue JCB Debit Card in Mongolia Starting from Spring of 2015
October 14
(infomongolia.com) The JCB International Co., Ltd. ("JCBI"), the
international operations subsidiary of JCB, and State Bank, a government-run
bank in Mongolia, have announced a new partnership for issuing JCB branded
cards to the people of Mongolia, according to Japan Credit Bureau (JCB) press
release from October 14, 2014.
State Bank
plans to launch debit card issuing in the spring of 2015. This will mark the
first JCB card issuance in Mongolia.
Kimihisa Imada,
Deputy President of JCBI stated, "The new card issuing partnership with
State Bank offers JCBI the opportunity to launch the JCB brand in Mongolia, a
market with a high potential for growth in both issuing and acquiring business,
as the central bank is making progress on building the payments infrastructure.
I am delighted that the partnership enables State Bank and JCBI to provide
people in Mongolia with more attractive services such as JCB Plaza Lounges and
other T&E services that embody the Japanese spirit of hospitality".
D.Batsaikhan,
CEO of State Bank said, "State Bank has started to accept JCB cards in 270
ATMs, 1600 merchants and 540 branches through Bank of Mongolia since March
2014. Since then, we have stepped forth our partnership to the next level as
the first issuer of JCB card in Mongolia. It is a very honor for us to have
such a world brand as a partner. We are aiming to provide services to the
tourist and travelers on business from both countries and also for the
Mongolian people who are living and studying in Japan. We would like to offer
services which will match the needs of the customers with JCB cards between two
countries, which can provide more worthwhile services to our customers. We hope
that our partnership will introduce more attractive services to both countries'
customers".
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